About Eastham Capital

Eastham Capital was founded by Matt Rosenthal and Eric Silverman. Combined, Matt and Eric have over thirty-eight years of extensive multifamily real estate investment, finance and management experience, including:

  • Multifamily acquisition, management and disposition
  • Construction, renovation and rehabilitation
  • Mortgage financing and debt/equity restructuring
  • Resident screening and background checking

Prior to establishing Eastham Capital, Matt founded Stratford Management with Andrew Gordon. Stratford Management is a real estate investment firm that purchases and operates apartment and townhome communities that are considered “diamonds in the rough” and revitalizes them through acquisition, rehabilitation and improved management. Eric became affiliated with Stratford Management in 1997 as a limited partner investor.

Applying the experience Matt attained through Stratford Management and the industry knowledge Eric had acquired from years in the real estate business, they crafted a unique investment strategy for Eastham Capital. Launched in 2007, Eastham Capital now has four funds, soon to be five,  under management.

Eastham Capital Fund I, LP which has exited its last investments and has now concluded.

Eastham Capital Fund II, LP, Eastham Capital Fund III, LP, and Eastham Capital Fund IV, LP, are fully invested in multifamily real estate and are now executing their plans stabilizing, collecting cash flow and then selling appreciated assets.

Eastham Capital Fund V, LP  was launched in late 2016 and is now accepting subscriptions for investment.

 

The Purpose of The Eastham Capital Funds Is To:

  • Provide investors with superior risk-adjusted returns through investments in distressed residential real estate.
  • Invest in multifamily communities managed by a diverse network of local and regional real estate owners and operators (Manager/Developers) that have established successful track records of acquisition, renovation, management and disposition of distressed real estate assets.
  • These investment opportunities should, after a renovation period of 6 to 24 months, produce stable cash flows and be well-positioned for long-term capital gains.

(Of course, no offerings are implied without the prospectus.)

The Funds

Fund I

Eastham Capital Fund I, LP was a private equity real estate fund launched in September 2007. It was fully invested in U.S. multifamily real estate and has achieved solid asset growth with excellent cash flow distributions to investors since its inception. Fund I was deployed primarily in the State of Texas. In early 2016, Fund I realized returns on all of its remaining assets and has successfully concluded operations.

Fund II

Eastham Capital Fund II, LP was launched in July 2010. Fund II was fully invested in U.S. multifamily real estate and has provided investors with aggressive cash flow since its inception. Fund II has invested in properties in seven US states. Like Fund I, in late 2012 Fund II commenced the profitable dispositions of some of its investments.  To date, Fund II has realized about 85% of its investments.

Fund III

Eastham Capital Fund III, LP was launched in June 2012.  Fund III was fully invested in U.S. multifamily real estate and has produced excellent cash flow distributions since its inception.  In late 2014, Fund III commenced the profitable dispositions to date of approximately 45% of its investments.

Fund IV

Eastham Capital Fund IV, LP was launched in July 2014 and is currently fully committed to and about 90% invested in U.S. multifamily real estate.  Fund IV is already returning significant cash flow to its investors.  Fund IV successfully exited its first asset very profitably in October 2016.

Fund V

Eastham Capital Fund V, LP is currently receiving investor commitments and accepting investor subscriptions.  Capital raising for Fund V commenced in September 2016 and the Fund is approximately 50% committed.  Like its predecessor funds it will invest in U.S. multifamily real estate.  If you are interested in learning more about Fund V as an investor, please contact us.

In addition, we expect to be in the market with Fund V looking for Manager/Developers to partner with starting in the first quarter of 2017.  If you are a multifamily real estate deal sponsor with an excellent track record and would like to discuss a potential partnership with Eastham Capital, please contact us.

Eastham Capital looks to build long-term multiple-project relationships with a number of preferred M/Ds. If you are an M/D who meets our investment criteria with a project that matches our strategy and would like to discuss a potential partnership with Eastham Capital, please contact us by completing the short form below.

Download Investment Criteria & Strategy Handout
Eastham Capital